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Financial Accountant

Madrid, Spain, Madrid, Spain

Financial Accountant

  • Madrid, Spain
  • Finance Division
  • Full time
  • Closing at: Oct 1 2022 at 05:55 HKT

The Company 

Mandarin Oriental Hotel Group is the award-winning owner and operator of some of the world’s most prestigious hotels and resorts.  The Group now operates or has under development 41 hotels with more than 11,000 rooms in 25 countries in key business and leisure destinations. 

The Hotel  

Renowned Parisian designers Gilles & Boissier, have created a sophisticated residential design for the 100 rooms and 53 suites, including several one-of-a-kind specialty suites, featuring unique design elements inspired by the hotel’s historic connections to the city, Spanish culture and art. 

With a stunning and meticulous restoration that celebrates César Ritz’s pioneering spirit, a prestigious central location, five restaurants and bars overseen by one of Spain’s most celebrated chefs and exceptional leisure and wellness facilities, Mandarin Oriental Ritz, Madrid is set to become the city’s most luxurious hotel. 



  • Performs all daily, weekly, monthly, and other periodic accounting and financial reporting in an accurate and timely nature; analysing and investigating variances, summarizing data, information and trends.
  • Performs analytical reviews of Financial Statements and explains any variances from Budget and Forecast.
  • Coordinates and performs month end closing.
  • Prepares and maintains the accounting records of all MOHG entities associated with Hotel Ritz Madrid (eg.: Maldonado, Zafiro and Ponzano)
  • Responds to financial inquiries by gathering, analysing, summarizing and interpreting data, for all financial reporting entities.
  • Develops financial statements as and when required.
  • Assists the Assistant Financial Controller in the budgeting & forecasting processes.
  • Monitors Expense Management approach for any operation activities in all departments to ensure optimal efficiency and best performance has been considered.
  • Monitors departmental internal controls and creates and implements Operating procedures as necessary.
  • Coordinates the submission of periodic MOHG reports (daily, weekly and monthly)
  • Coordinates all CSAQ and ISAQ submissions and carries out respective follow up. 
  • Provides adequate training, appraisals and coaching to team members of his/her area of responsibility in line with MOHG Standards.


Other Duties:

  • Carries out revenue and productivity related analyses in line with operational requirements and as directed by the AFC/DOF.
  • Secures the accuracy of the interface mapping between the Hotel Operational Systems (PMS, POS, Delphi, Accounting, …).
  • Monitors and administers update of exchange rate in PMS.
  • Chairs credit meetings with the Account Receivable Clerk as required (minimum monthly) to communicate effectively with all involved personnel that they are kept current with pertinent information.
  • Reviews, researches credit worthiness of applicants and presents for approval or denial direct billing requests to the Assistant Financial Controller in a timely manner.
  • Instructs all hotel departments as to the correct procedures regarding credit policies and ensures adherence to established credit policies.
  • Attends pre and post function & sales meetings where high-value billing arrangements are involved.
  • Carries out any other reasonable requests/projects/tasks as directed by the Director of Finance or the Assistant Financial Controller.



1. Mandatory

• Bachelor’s degree. Preferably in Accounting & Finance.

• Demonstrates knowledge of IFRS (International Financial Reporting Standards) emphasizing on an overall extensive understanding of the applicable business and accounting issues, and technical accounting and financial reporting standards.

• Solid knowledge of bookkeeping competencies.

• Strong Level of Proficiency in Excel; ability to assemble, analyse, understand integrated spread sheets and complex technical information.

• Proficient in written and spoken English.

• Experience in Financial Accountant, Audit Services or similar role.

• Prioritization skills; ability to meet deadlines and problem solving.

• Negotiation and Communication skills.


2. Desirable

• Bachelor ‘s degree in Hospitality Management.

• Experience in Hospitality Accounting operations.

• A second foreign language

• Knowledge of Moreton Bay, Vision (Infor Query & Analysis), Smartview, SunSystem and Datavision.


If you’re enthusiastic to contribute in a fast-paced environment with Finance dynamics, please apply the post. 

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